City of Monroe, LA

ORDINANCE

STATE OF LOUISIANA                                                                            NO.  12,219________

CITY OF MONROE                                                                                   

The following Ordinance was introduced by Harvey _______, who moved for its adoption and was seconded by  Dawson             :

WHEREAS, the City of Monroe adopted Ordinance No. 10,711, which amended Chapter 10.5 of the City of Monroe Code and established provisions for the regulation, control, licensing, and taxation of electronic video bingo within the City of Monroe;

WHEREAS, shortly after its enactment, the City Council adopted Ordinance No. 10,729, which dedicated licensing and taxation revenues equally to the payment of “non-salary related employee benefits” and to the “Capital Debt Service fund”; and

WHEREAS, to provide flexibility to operations and to expand the use of revenues to all employee-related benefits, including increases in employee compensation, the City desires to re-dedicate the licensing and taxation revenues to provide that, from the portion allocated to the payment of employee benefits, funds may be used for the payment of increases in employee compensation and related employee benefits.

NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Monroe, Louisiana, in legal session convened, that funds received from the licensing and taxing of video bingo operations shall be specially dedicated as follows:

Section 1.        All revenues received from the licensing and taxing of electronic video bingo will be divided equally between a dedicated fund for payment of increases in compensation and related employee benefits for employees of the City of Monroe and to the Capital Debt Service fund.

Section 2.        The City of Monroe compensation and employee benefits fund will be utilized, as funds are available, to supplement budgeted funds for the payment of compensation and employee benefit increases, such as insurance or pension, for all city employees not currently or in the future covered by a sales or property tax dedicated to cover such increases to compensation or related employee benefits.

 Section 3.       The City of Monroe Capital Debt Service fund will be utilized, as funds are available, to supplement budgeted funds for debt payments on capital equipment lease purchases or capital equipment purchases for City departments not currently or in the future covered by a sales or property tax dedicated to such capital expenditures.

This Ordinance was introduced on the  14th_____ day of May 2024.

            Notice published on the  17th_____ day of May, 2024.

This Ordinance having been submitted in writing, introduced and published, was then submitted to a vote as a whole, the vote thereon being as follows:

AYES:            Harvey, Ezernack & Dawson

NAYS:            Woods

ABSENT:      Marshall

And the Ordinance was declared ADOPTED on  28th_____ day of May, 2024.

Gretchen Ezernack______________

CHAIRPERSON

Carolus S. Riley                                 

CITY CLERK

Oliver Friday Ellis                             

MAYOR’S APPROVAL

______________________________

MAYOR’S VETO